Global Electronic Article Surveillance Market Size is estimated to expand rapidly in coming years, at a CAGR of 4.6 % from 2018 to 2025. In 2017, the global market valuation was USD 1.25 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Electronic article surveillance is a technology which is used to prevent theft from retail stores, books from libraries or removal of properties from office buildings. Some stores also have detection systems at the entrance to the restrooms that sound an alarm if someone tries to take unpaid merchandise with them into the restroom. For high-value goods that are to be manipulated by various brands, wired alarm clips called spider wrap may be used instead of tags. Geographically, Asia Pacific is expected to be the highest growing segment in the global market of electronic article surveillance.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global electronic article surveillance market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global electronic article surveillance market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
By Component Insights: On the basis of component, global electronic article surveillance market has been segmented into tags, antennas & detachers. Among these segments tag segment is expected to be the highest growing segment in the global market of electronic article surveillance as it provides efficient security to reduce theft and shoplifting concerns. Tag produces an active alarm when they pass through electronic article surveillance active zone. Increasing number of retail stores, and growing number of supermarkets is expected to dominate the global market in forecast period.
By End User Insights: On the basis of end user, global electronic article surveillance market has been segmented into apparel & fashion accessories stores, supermarket & mass merchandise stores, drug & health product stores. Among which supermarket and mass merchandise segment is expected to be the highest growing segment in the global market. The sale of the supermarket and mass merchandise sector is expected to increase in forecast period. Growing demand for electronic article surveillance systems to prevent theft and shoplifting incidents is expected to drive the adoption of electronic article surveillance systems in this segment.
The global electronic article surveillance market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region Asia Pacific region is expected to witness high growth in the market in upcoming time period. Growing number of supermarket and mass merchandise sector is expected to dominate the global article surveillance systems market. Developing countries such as China, India and Japan are key manufacturers of electronic article surveillance which is expected to grow the market in forecast period. North America is expected to witness high growth in upcoming time span due to high demand in retail sector and increasing awareness amongst retailers. Technical advancements and high economic growth and rising consumerism are some of the reasons behind market uplifting. Europe is anticipated to dominate the global electronic article surveillance market over the projected period majorly owing to high population, better technological connectivity and ease of raw material and highly cost-effective business strategies.
Global Electronic Article Surveillance Market Size, Share Analysis By Region 2017
Global Electronic Article Surveillance Market Study Objective
1. To forecast the market size of electronic article surveillance market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of electronic article surveillance market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate on significant factors that will have a major impact on the growth of electronic article surveillance market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of electronic article surveillance market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the electronic article surveillance market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions
Key Players Landscape
Amersec, TAG Company, Ketec, WG Security Products, Softdel, Shenzhen Emeno Technology, Cross Point, Takachiho Koheki, Stanley Security, Shopguard Systems, Dexilon Automation, Feltron Security Systems, and Sentry Custom Security are some of the key players in the market of electronic article surveillance.
Global Electronic Article Surveillance Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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